The original edition of this book was written to provide internal auditors with guidance on how to put into practice the set of International Standards for the Professional Practice of Internal Auditing (Standards), which first became effective
January 1, 2002. The underlying structure of the Standardshas held up well.

Yet, the professional practice of internal auditing has continued to evolve. In 2006, the Board of Directors of The Institute of Internal Auditors (IIA) established an international steering committee to review the existing professional practices framework. The results culminated in a new framework for internal audit guidance, the International Professional Practices Framework (IPPF), which was released in 2009 and updated in 2011.

The information in this book is designed to serve as a practical guide for applying the IPPF. The “crash course” in this book outlines the specific actions auditors must take to conform with the Standards and the other elements of the IPPF. In doing so, it:

As the research arm of The IIA, The Foundation provides groundbreaking research conducted by thought leaders in the profession. Through initiatives that explore current issues, emerging trends, and future needs, The Foundation has been a driving force behind the evolution of the profession.